Economics

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Global Cyclical Outlook: November 2017

Global Cyclical Outlook: November 2017

The Bank of England recently raised short-term interest rates, as developed-market central banks continue with what we expect to be a gradual withdrawal of monetary stimulus. Can the global economy maintain its steady growth? What factors could impact our forecast?

Economics


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Why Tax Reform Is Better than Tax Cuts
Trump’s Fed Choice: Continuity
Fed Outlook: Read the Lines, Not Between Them

Fed Outlook: Read the Lines, Not Between Them

by Eric Winograd
Fed watching has become something of an industry unto itself, and because I think there are so many people doing it, many people feel the need to try to be cute about it: to try to read between the lines, if you will, and to try to divine what it is that the Fed is thinking. Look, the Fed as an institution is very transparent. It’s not an institution where you’re supposed to read between the lines. You’re supposed to read the lines.

Economics


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ECB Treads Cautiously in Tapering Plans
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